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of avoiding the fiscal cliff. he'll meet with harry reid, mitch mcconnell, john boehner and nancy pelosi at quarter after 10:00 eastern time. mcconnell says republicans won't raise tax rates. the white house says the president won't sign an extension of tax cuts for top earners. chinese officials including the country's vice minister are sounding alarm bells with external risks to growth. they hope the uts will come to an agreement on tax issues or warns the country could face a slide into deep recession. eunice yoom is taking a closer look at the relationship between the two economic super powers and how they're likely to proceed. >> she's sitting down to her regular taste of americana. she and her co-workers dine out at their favorite fast food joint from the west twice a week, exactly the kind of middle income chinese american companies hope will drive their future growth. >> translator: we're used to eating rice, she says. it's convenient and nice to have fast food once in a while and have a change. american companies are hoping gnaw leadership will make it easier to sell to chinese
@thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi is staying. wow! in congress. as the minority leader of the house democrats. holy cow. surrounded by women democrats at the house, nancy pelosi told reporters today they were looking into the future. more women, more minorities in the incoming house. more than ever before with her decision. the democratic leadership is not going to change in the new house of representatives in january. and all i'll say is my condolences to her longtime deputy, steny hoyer. >>> anyway, stocks dropped sharply on president obama's press conference today. the dow closed down almost 700 points since the election itself. keith boykin notwithstanding. we'll look at the growing number of investor pessimists. this is not good. >>> later, markets also have their eye on a big escalation in mideast hostility. hamas declaring war on israel. this while we have no cia director. >>> and don't forget, free market capitalism is the best path to prosperity. i don't know why we have to raise $800 billion in revenues. makes no sense to me. cut spendi
, foreign aid, nancy pelosi's aircraft, all compensation for congress. that's nothing. that's about 4% of where we are. you get spending cuts by going into the entitlements programs. these things are on health care -- doesn't matter what you call it. it's an automatic pilot. all you have to do is look at the demographics and the fact that all these things are happening. health, obesity drugs. you're taking care of them all. >> medicare and medicaid, how realistic are we going to get some cuts here? these are the biggies. >> better get realistic. we can't do it. >> we spend twice as much as any other developed country in the world on health care. twice as much. that might be all right if, you know, our outcomes were twice as good as anybody else's. but they're not. we rank somewhere between 25th and 50th in such important measures as infant mortality, life expectancy, preventable death. anybody who doesn't think those 32 million people who don't have health care insurance don't get health care, they get health care today. they just get it at the emergency room at five to eight times th
Search Results 0 to 2 of about 3

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